trending Market Intelligence /marketintelligence/en/news-insights/trending/axa4goqwegf9pj7zde5nfw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Fitch rates Turkish central clearing counterparty

IFRS 9: Time is Running Out for Insurance Companies to Comply

5 Quant Research Traps to Avoid

S&P Global Market Intelligence

Wind Power by the Numbers: U.S., Canada and Mexico

CUSIP Identifier Requests for New U.S. Corporate Debt Surge in January

Fitch rates Turkish central clearing counterparty

Fitch Ratings on April 13 assigned long- and short-term foreign-currency issuer default ratings of BBB-/F3 andlong- and short-term local-currency issuer default ratings of BBB/F3.

The company was also assigned a viability rating of"bbb-," a national long-term rating of AAA(tur), a support rating of2 and a support rating floor of BBB-. The long-termratings all carry a stable outlook.

Fitch said the viability rating takes into account theunique infrastructure of the company, which is Turkey's only central clearingcounterparty, as well as its rigorous risk controls and counterparty riskmanagement, satisfactory capitalization and leverage and solid funding andliquidity profile. The rating also takes into account the moderate credit riskthat is part of the company's considerable treasury activities, as well asconcentration risks in its central clearing counterparty activities.